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No-confidence motion not taken up; Govt says ready for discussion

Agencies
March 19, 2018

New Delhi, Mar 19: The notices for a no-confidence motion against the government could not be taken up today in the Lok Sabha as noisy protests by members from various parties disrupted proceedings, leading to adjournment of the House.

Amid the din, Home Minister Rajnath Singh said the government was ready for discussion on any issue, including on the no-confidence motion. As soon as the House met for Zero Hour after the Question Hour was washed out, members from TRS and AIADMK trooped into the Well carrying placards. While the TRS was demanding a rise in quota, the AIADMK was pressing for immediate setting up of the Cauvery river management board.

Soon after papers were laid on the table amid slogan- shouting by unrelenting members, Home Minister Rajnath Singh said the government was ready to discuss any issue.

Some members have given notices for the no-confidence motion and the government is ready for discussion on that as well, he added. He also requested all parties to cooperate so that discussion can be taken up. Speaker Sumitra Mahajan repeatedly requested the more than 25 members from the AIADMK and TRS standing in the Well to return to their seats.

As the uproar continued, Mahajan said she was duty-bound to take up the notices for no-confidence motion but could not as the House was not in order. "Since the House is not in order, I will not be able to bring it... I am sorry," she said before adjourning the proceedings for the day.

The notices have been given by YSR Congress member Y V Subba Reddy and two members from TDP -- Thota Narasimham and Jayadev Galla. Both parties have been demanding a special package for Andhra Pradesh, an issue on which the TDP quit the ruling NDA alliance last week. While today was the 11th consecutive day that the proceedings were washed out, this is the second day that Speaker was not able to take up notices for the no-confidence motion.

Earlier during Question Hour, members from the TDP, YSR Congress, TRS and AIADMK protested over various issues, including the banking scam, leading to adjournment of the House till 12 noon.

Since March 5, when Parliament had reassembled for the budget session after recess, the Lok Sabha has been witnessing disruptions every day.

Last week, the House had passed the Finance Bill and the appropriation bills without any discussion amid similar protests.

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Agencies
February 20,2020

Tokyo, Feb 20: One more Indian on board the cruise ship Diamond Princess quarantined off the coast of Japan was tested positive for novel coronavirus, the Indian Embassy in Tokyo said on Wednesday, adding that all seven Indian nationals infected with the virus have been shifted to hospitals in Japan for treatment.

"1 Indian crew who tested positive for #COVID19 among 88 new cases yesterday on #DiamondPrincess taken to hospital for treatment. Indians receiving treatment responding well. From today, the disembarkation of passengers only started, likely to continue till 21 Feb," the embassy tweeted.

"As of 2100 JST, altogether 7 Indian nationals (crew members on board #DiamondPrincess) are receiving treatment in hospitals in Japan, after testing positive for #COVID19 over last few days. Their health conditions are improving. 
@MEAIndia," the following tweet read.

A total of 138 Indians, including 132 crew and 6 passengers, were among the 3,711 people on board the luxury cruise ship which was quarantine off Japan on February 5 after it emerged that a former passenger had tested positive for the virus.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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News Network
March 6,2020

Mumbai, Mar 6: Harried Yes Bank depositors rushed to ATMs to withdraw cash but faced multitude of problems including closed down machines and long queues, after the RBI placed the bank under a moratorium, capping maximum withdrawals at Rs 50,000 per account for a month.

Aggravating the problems of depositors were difficulties accessing the internet banking channel, which ensured that they can't transfer the funds online as well. At an ATM in south Mumbai's Horniman Circle, with the RBI headquarters overlooking it, the shutters were pulled down.

The guard on duty said the machine was non-operational before he reported to work late in the evening and he was ordered to shut it after 2200 hrs. In the residential area of suburban Chembur, one ATM was dispensing cash but had a long queue of anxious depositors.

One man said it was still possible to withdraw up to Rs 50,000 in multiple transactions from the machine.

However, another machine nearby had run dry within minutes of the RBI announcement, a woman said.

The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender.

For the next month, Yes Bank will be led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

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